Accelr8

Accelr8 is a Boston-based impact fund established in 2023, dedicated to combating climate change by investing in companies that accelerate the reduction and sequestration of greenhouse gases. The firm's mission-driven approach targets innovative technologies and solutions within the climate tech sector, aiming to generate both environmental impact and financial returns. As a relatively new entrant to the venture capital landscape, Accelr8 is strategically positioned to support early-stage ventures poised for significant climate contributions.

The firm successfully raised its inaugural fund, Accelr8 Fund I, securing a total of $10 million, which was announced in December 2023. This capital is earmarked for investments in promising companies developing technologies to mitigate carbon emissions. Accelr8's investment thesis centers on identifying and nurturing companies with scalable solutions that directly address the urgent need for decarbonization across various industries, from sustainable materials to advanced energy solutions.

To date, Accelr8 has made one notable investment, leading the $10 million Series A funding round for CarbonBuilt. CarbonBuilt is a pioneering company focused on developing low-carbon concrete, a critical innovation for reducing the significant carbon footprint of the construction industry. This initial investment underscores Accelr8's commitment to backing tangible, impactful solutions and highlights their preference for companies with strong technological foundations and clear pathways to market adoption.

While Accelr8 is in the early stages of deploying its capital, its focused strategy and initial high-profile investment signal its intent to be a significant player in the climate tech venture ecosystem. The fund's concentrated approach, beginning with a $10 million fund, suggests a hands-on engagement with its portfolio companies, aiming to provide not just capital but also strategic support to accelerate their growth and impact.